When I learned that Loan Center of California was suing M.L. Implode, I said that I don’t even like that site, but thought the LCC lawsuit was ridiculous. I’m glad to see LCC has dropped it’s case, and the lawsuit has been dismissed. We concentrate on the positive here at lenderama, but that doesn’t mean we have our head in the sand. Sites like M.L. Implode, or the far more responsible (in my mind) Blown Mortgage have an important voice in our industry and deserve to exist.
M.L. Implode-O-Meter stettles lawsuit
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Aaron fought a battle for blogger’s rights everywhere. It’s a little disconcerting that the suit wasn’t dismissed on summary judgment; nevertheless, we’ll chalk one up for the First Amendment.
Plus there’s a link to Broken Credit on ml-implode’s blogroll, so you can’t go wrong there.
No one wants to be number 266,” said Jim Reichbach, a vice chairman and leader of Deloitte’s banking and securities team. “This is a death toll that is equivalent to the casualty ticker of the Vietnam War.”
http://www.funkytube.net/vid.php?v=Jim_Reichbach_review_video